Examining Valuation After a Surge in Share Price
D-Wave Quantum (QBTS) has drawn fresh attention from investors after a significant run over the past month, with shares climbing 86%. This marks a dramatic shift from its slow start earlier in the year.
See our latest analysis for D-Wave Quantum.
The surge in D-Wave Quantum’s share price this month has reignited interest after a quiet start to the year, and it now sits at $33.02. While the last week has seen some pullback, the 1-month share price return of nearly 86% points to rapid shifts in investor sentiment. Looking at the bigger picture, the stock’s longer-term momentum is notable, with a 1-year total shareholder return above 3,100%, making it one of the market’s most eye-catching comebacks.
If D-Wave’s swing has…